Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yuanzheng Peng was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Mar 30
BOMESC Offshore Engineering Company Limited to Report Q1, 2026 Results on Apr 18, 2026 BOMESC Offshore Engineering Company Limited announced that they will report Q1, 2026 results on Apr 18, 2026 Annonce • Mar 20
BOMESC Offshore Engineering Company Limited, Annual General Meeting, Apr 13, 2026 BOMESC Offshore Engineering Company Limited, Annual General Meeting, Apr 13, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tianjin Economic and Technological Development Zone, Tianjin China Annonce • Dec 26
BOMESC Offshore Engineering Company Limited to Report Fiscal Year 2025 Results on Mar 21, 2026 BOMESC Offshore Engineering Company Limited announced that they will report fiscal year 2025 results on Mar 21, 2026 Annonce • Sep 30
BOMESC Offshore Engineering Company Limited to Report Q3, 2025 Results on Oct 31, 2025 BOMESC Offshore Engineering Company Limited announced that they will report Q3, 2025 results on Oct 31, 2025 Annonce • Jun 30
BOMESC Offshore Engineering Company Limited to Report First Half, 2025 Results on Jul 26, 2025 BOMESC Offshore Engineering Company Limited announced that they will report first half, 2025 results on Jul 26, 2025 Annonce • Mar 28
BOMESC Offshore Engineering Company Limited to Report Q1, 2025 Results on Apr 25, 2025 BOMESC Offshore Engineering Company Limited announced that they will report Q1, 2025 results on Apr 25, 2025 Annonce • Mar 21
BOMESC Offshore Engineering Company Limited, Annual General Meeting, Apr 10, 2025 BOMESC Offshore Engineering Company Limited, Annual General Meeting, Apr 10, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tianjin Economic and Technological Development Zone, Tianjin China Annonce • Dec 27
BOMESC Offshore Engineering Company Limited to Report Fiscal Year 2024 Results on Mar 21, 2025 BOMESC Offshore Engineering Company Limited announced that they will report fiscal year 2024 results on Mar 21, 2025 Reported Earnings • Oct 27
Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.057 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.057 loss in 3Q 2023). Revenue: CN¥697.9m (up 59% from 3Q 2023). Net income: CN¥31.3m (up CN¥46.3m from 3Q 2023). Profit margin: 4.5% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Energy Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥11.73, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Energy Services industry in China. Total loss to shareholders of 56% over the past three years. Annonce • Sep 30
BOMESC Offshore Engineering Company Limited to Report Q3, 2024 Results on Oct 26, 2024 BOMESC Offshore Engineering Company Limited announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.20 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.20 loss in 2Q 2023). Revenue: CN¥563.8m (down 4.6% from 2Q 2023). Net income: CN¥29.4m (up CN¥82.4m from 2Q 2023). Profit margin: 5.2% (up from net loss in 2Q 2023). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Energy Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Annonce • Jun 28
BOMESC Offshore Engineering Company Limited to Report First Half, 2024 Results on Jul 26, 2024 BOMESC Offshore Engineering Company Limited announced that they will report first half, 2024 results on Jul 26, 2024 Declared Dividend • May 17
Dividend of CN¥0.15 announced Shareholders will receive a dividend of CN¥0.15. Ex-date: 21st May 2024 Payment date: 21st May 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (8% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.06 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.06 loss in 1Q 2023). Revenue: CN¥496.8m (up 60% from 1Q 2023). Net income: CN¥33.8m (up CN¥51.8m from 1Q 2023). Profit margin: 6.8% (up from net loss in 1Q 2023). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Energy Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 31
Full year 2023 earnings released: CN¥0.27 loss per share (vs CN¥0.23 profit in FY 2022) Full year 2023 results: CN¥0.27 loss per share (down from CN¥0.23 profit in FY 2022). Revenue: CN¥1.80b (down 44% from FY 2022). Net loss: CN¥75.5m (down 217% from profit in FY 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Energy Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Annonce • Mar 30
BOMESC Offshore Engineering Company Limited, Annual General Meeting, Apr 22, 2024 BOMESC Offshore Engineering Company Limited, Annual General Meeting, Apr 22, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tianjin China Annonce • Mar 29
BOMESC Offshore Engineering Company Limited to Report Q1, 2024 Results on Apr 26, 2024 BOMESC Offshore Engineering Company Limited announced that they will report Q1, 2024 results on Apr 26, 2024 Annonce • Jan 26
BOMESC Offshore Engineering Company Limited (SHSE:603727) announces an Equity Buyback for CNY 80 million worth of its shares. BOMESC Offshore Engineering Company Limited (SHSE:603727) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its A shares. The shares will be repurchased at a price not more than CNY 11.70 per share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be made from company's own funds. The authorization will be valid for a period of 12 months. Annonce • Dec 30
BOMESC Offshore Engineering Company Limited to Report Fiscal Year 2023 Results on Mar 30, 2024 BOMESC Offshore Engineering Company Limited announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.057 loss per share (vs CN¥0.05 profit in 3Q 2022) Third quarter 2023 results: CN¥0.057 loss per share (down from CN¥0.05 profit in 3Q 2022). Revenue: CN¥439.6m (down 41% from 3Q 2022). Net loss: CN¥15.1m (down 206% from profit in 3Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Energy Services industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. New Risk • Oct 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.2% average weekly change). Reported Earnings • Jul 22
Second quarter 2023 earnings released: CN¥0.20 loss per share (vs CN¥0.13 profit in 2Q 2022) Second quarter 2023 results: CN¥0.20 loss per share (down from CN¥0.13 profit in 2Q 2022). Revenue: CN¥590.7m (down 47% from 2Q 2022). Net loss: CN¥53.0m (down 246% from profit in 2Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Annonce • Jun 27
BOMESC Offshore Engineering Company Limited to Report First Half, 2023 Results on Jul 22, 2023 BOMESC Offshore Engineering Company Limited announced that they will report first half, 2023 results on Jul 22, 2023 Reported Earnings • Apr 23
First quarter 2023 earnings released: CN¥0.06 loss per share (vs CN¥0.05 profit in 1Q 2022) First quarter 2023 results: CN¥0.06 loss per share (down from CN¥0.05 profit in 1Q 2022). Revenue: CN¥309.8m (down 30% from 1Q 2022). Net loss: CN¥18.0m (down 225% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). Director Lei Shi was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.15 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.05 (down from CN¥0.15 in 3Q 2021). Revenue: CN¥745.8m (down 19% from 3Q 2021). Net income: CN¥14.2m (down 65% from 3Q 2021). Profit margin: 1.9% (down from 4.4% in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥12.71, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Energy Services industry in China. Total loss to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥15.10, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Energy Services industry in China. Total loss to shareholders of 5.6% over the past three years. Reported Earnings • Jul 31
Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.41 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.13 (down from CN¥0.41 in 2Q 2021). Revenue: CN¥1.12b (down 20% from 2Q 2021). Net income: CN¥36.3m (down 61% from 2Q 2021). Profit margin: 3.2% (down from 6.6% in 2Q 2021). Over the next year, revenue is expected to shrink by 6.2% compared to a 19% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.23 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.05 (down from CN¥0.23 in 1Q 2021). Revenue: CN¥442.0m (down 25% from 1Q 2021). Net income: CN¥14.4m (down 73% from 1Q 2021). Profit margin: 3.3% (down from 8.9% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 12% compared to a 22% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 5 independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥17.31, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Energy Services industry in China. Total returns to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥16.41, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Energy Services industry in China. Total returns to shareholders of 39% over the past three years. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.16 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥925.6m (up 36% from 3Q 2020). Net income: CN¥40.3m (up 8.6% from 3Q 2020). Profit margin: 4.4% (down from 5.4% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥22.92, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Energy Services industry in China. Total returns to shareholders of 91% over the past three years. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥24.78, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Energy Services industry in China. Total returns to shareholders of 70% over the past three years. Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS CN¥0.41 (vs CN¥0.14 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.41b (up 95% from 2Q 2020). Net income: CN¥92.9m (up 193% from 2Q 2020). Profit margin: 6.6% (up from 4.4% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.05 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥588.5m (up 139% from 1Q 2020). Net income: CN¥52.3m (up 402% from 1Q 2020). Profit margin: 8.9% (up from 4.2% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 08
New 90-day high: CN¥17.34 The company is up 1.0% from its price of CN¥17.19 on 08 December 2020. The Chinese market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. Its price trend is also similar to the Energy Services industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.67 per share. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥15.15 The company is down 15% from its price of CN¥17.75 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.31 per share. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥16.75 The company is down 5.0% from its price of CN¥17.57 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.31 per share. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥17.10 The company is down 16% from its price of CN¥20.42 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.90 per share. Reported Earnings • Oct 26
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥90.7m, up 52% from the prior year. Total revenue was CN¥2.24b over the last 12 months, up 127% from the prior year. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥90.7m, up 52% from the prior year. Total revenue was CN¥2.24b over the last 12 months, up 127% from the prior year. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥17.20 The company is down 3.0% from its price of CN¥17.75 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 10.0% over the same period.